Collaborating with EY, this 12-week initiative, named Fintech Forward, targets startups leveraging technology for financial services with potential for rapid growth.
This hybrid program includes both online and in-person sessions and is open to UK-based fintech founders whose products are already available in the market and have annual revenues under GBP 1 million. Applications opened on May 26, 2025, and will continue until June 27, 2025. The program runs from September to November 2025.
Participants in the accelerator can benefit from mentorship by JPMorganChase executives, engage in a two-day offsite at the bank’s technology center in Glasgow, and present their businesses to potential investors and commercial partners.
Funding issues for UK fintech firms
The launch of this program comes amid discussions about the adequacy of funding for fintech firms within the UK. City of London officials highlight that while the UK is a leading tech startup hub, many companies often relocate abroad as they scale due to limited local investment options.
JPMorgan Payments representatives mention that the initiative is particularly designed to support founders who face challenges in accessing investments or networking opportunities, especially those working on solutions for underserved markets. The bank asserts that this effort aligns with its goals of improving financial flows across various segments.
EY, partnering in the accelerator, recently released a report indicating that despite a decrease in European financial services investment projects, the UK continues to receive a considerable amount of foreign direct investment. The firm’s leadership underscores the need for building on existing strengths and emphasizes the importance of regulatory development, innovation, and strengthening international trade ties to maintain competitiveness.